Opportunity Zone Investing
Breathing life into distressed communities
Opportunity Zone Investing
Breathing life into distressed communities
What are
Qualified Opportunity Zones and Qualified Opportunity Funds
The Tax Cuts and Jobs Act, enacted in late December 2017, created a new capital gains exemption for taxpayers who make long term investment in low-income communities that have been designated by the Treasury Department as “Qualified Opportunity Zones” (QOZs).
They can be invested in by rolling over capital gains into a “Qualified Opportunity Fund” (QOF). The capital gains can come from the sale of virtually any property – stocks, bonds, real estate, businesses, art and more. A QOF is an investment vehicle organized for the purpose of investing in Qualified Opportunity Zones property.
Potential Benefits of
Investing Capital Gains in an Opportunity Fund
Potential Benefits of
Investing Capital Gains in an Opportunity Fund
Defer Capital Gains
Investors can defer payment of the capital gains invested into a QOF until 2026.
Permanent Tax Exclusion
Any appreciation from the QOF investment is 100% tax-free at the federal level if held for 10 years.
Receive Income Distributions
Investors might also receive income distributions from the QOF’s earnings.
DEFER CAPITAL GAINS …………….
Investors can defer payment of the capital gains invested into a QOF until 2026.
PERMANENT TAX EXCLUSION …..
Any appreciation from the QOF investment is 100% tax-free at the federal level if held for 10 years.
RECEIVE INCOME DISTRIBUTIONS
Investors might also receive income distributions from the QOF’s earnings.
Welcome To
PHT Opportunity Fund
A Qualified Opportunity Fund designed to support the California fresh produce industry and spur economic development.
28-Acre GIC Salinas Campus Redevelopment
The Redevelopment of our iconic 28-Acre Commercial Pre-Cooling, Cold Storage & Processing Campus
Our new state-of-the-art facility will employ renewable energy, automation, and enhanced truck flow to maximize throughput and minimize costs.
Floor Areas on each legal parcel are broken out below, for a total of 346,389 sq ft of existing structures:
- Parcel A: 52,982 sq. ft.
- Parcel B: 106,023 sq. ft.
- Parcel C: 95,986 sq. ft.
- Parcel D: 81,844 sq. ft.
- Remainder: 9,554 sq. ft.
Existing Conditions
Opening for the 2026 Season
Our new facility will be the first dedicated fresh produce consolidation and shipping location in the Salinas Valley and will serve as a central distribution hub for companies sourcing produce and other perishable food from the region. By allowing for the consolidation of goods in one central location, we aim to significantly reduce transportation costs, carbon emissions, and truck traffic, while leveraging renewable energy, automation & robotics, and streamlined truck flow to increase throughput and maximize shelf life.
Existing Conditions
New Facility
Site Plan & Building Specifications
431,500 SF Regional Consolidation Center and Cross-Dock Facility
Project Details
Upon completion, our new 28-Acre Campus will feature the following:
- Located in Salinas, CA right off Highway 101
- 431,500 SF temperature-controlled building including a 22,500 SF Office, 6,000 SF engine room, and a 2,000 SF shipping office area
- 428,011 SF of solar PV-lined shade bay
- 59 shipping docks and 30 receiving docks
- 288 POV spots with 60 long-haul truck parking stalls
- Microgrid system with solar, cogeneration, and backup battery storage
- 2-story support structure to house a 2,000 SF forklift storage, 2,000 SF maintenance, 1,000 SF observation and control center, and a 3,000 SF employee breakroom
Why Invest with PHT?
invest in
Industrial Real Estate
Our project is located in Salinas Valley, California, the Salad Bowl of the World, and is designed to support the heart of the agriculture industry. Industrial real estate provides stable cash flows, long term leases, and insulation from market fluctuations, while our business model is fortified by the essential nature of the fresh produce industry.
partner with
Experienced Operators and Developers
receive
Significant Tax Benefits
Whether you’re selling stock, real estate, or a business, investors with capital gains can reinvest them into a Qualified Opportunity Fund (QOF), allowing them to defer taxes until 2026, receive a permanent federal tax exclusion on any appreciation from the QOF if held for 10 years, and receive income distributions from the QOF’s earnings.